selling: Burbank, CA Real Estate Market Report April 2008 - 05/16/08 05:43 PM
All markets go through cycles, and Burbank is no exception. For the last two years we knew that Burbank was experiencing a buyer's market and the question has always been "when is it going to hit bottom?". My answer has always been the same, that we will know until two or (0 comments)
selling: Glendale, CA Real Estate Market Report, April, 2008 - 05/12/08 09:59 AM
Glendale, like most markets in Southern California, has seen a shift from a seller's market to a strong buyer's market. Fueled by the mortgage meltdown in August and September of 2007, the number of buyers qualified to purchase homes has been severely decreased due to more restrictive lending guidelines. Homeowners who (0 comments)
selling: Glendale, CA Real Estate Market Report, November 2007 - 12/05/07 11:28 PM
As Christmas comes closer, most of us are focused on what Santa will bring down the chimney. Realtors are wondering what will happen in the 2008 spring market. I wish Santa would bring me a new crystal ball! An index of above 1.20 indicates a seller's market, between 1.20 and 0.80 a (0 comments)
selling: Burbank, CA Real Estate Market Report, November, 2007 - 12/05/07 11:08 PM
As we approach the waning weeks of 2007, we can look back and begin to take stock of what was, what is, and what will be. In just five months we've seen market index drop from 0.26, to 0.17, a decline of 0.09 points. Last November Burbank was at 0.50. Recall (0 comments)